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  • Lot of Surplus Fund Ltfa Investment Properties Buy Back Own Shares

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    Ramneek Singh
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    The document discusses an Infosys share buyback that occurred from July 20, 2019 to August 26, 2019. Some key details include: - Infosys spent Rs. 82,557 crores to buyback over 110 million shares at Rs. 747 per share. - This reduced the total number of outstanding shares by over 552 million shares. - Post-buyback, Infosys' equity reduced from Rs. 2,178 crores to Rs. 2,123 crores. - The buyback represented 2.53% of Infosys' paid-up capital, which was below the maximum limit of 25%. Funds for the buyback came from free

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    financial accounting

    Original Title

    FR Sec C &D Session 20 on 15.10.2020

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    The document discusses an Infosys share buyback that occurred from July 20, 2019 to August 26, 2019. Some key details include: - Infosys spent Rs. 82,557 crores to buyback over 110 million shares at Rs. 747 per share. - This reduced the total number of outstanding shares by over 552 million shares. - Post-buyback, Infosys' equity reduced from Rs. 2,178 crores to Rs. 2,123 crores. - The buyback represented 2.53% of Infosys' paid-up capital, which was below the maximum limit of 25%. Funds for the buyback came from free

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    6 views4 pages

    Lot of Surplus Fund Ltfa Investment Properties Buy Back Own Shares

    Uploaded by

    Ramneek Singh
    The document discusses an Infosys share buyback that occurred from July 20, 2019 to August 26, 2019. Some key details include: - Infosys spent Rs. 82,557 crores to buyback over 110 million shares at Rs. 747 per share. - This reduced the total number of outstanding shares by over 552 million shares. - Post-buyback, Infosys' equity reduced from Rs. 2,178 crores to Rs. 2,123 crores. - The buyback represented 2.53% of Infosys' paid-up capital, which was below the maximum limit of 25%. Funds for the buyback came from free

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 4

    Lot of surplus fund

    LTFA
    Investment Properties
    Buy Back Own shares
    Buyback
    SEBI
    Companies Act,2013
    ors can
    Particip In which promotors can
    ate not Participate
    Company can Buyback only fully paid up shares

    Infosys BuyBack 20.32019-26.8.2019 FV Rs.5/- 110,519,266.00 Rs.747/-


    8260
    Money spent on Buyback 82,557,891,702.00 crorers

    Equity Reduction ( No. of shares *FV) 552,596,330.00


    Excess payment on Buyback ( Other equi 82,005,295,372.00
    Equity as on (31.3.2019)1.4.2019 2178 crores 2123

    Equity as on 31.3.2020 2,129.00 49


    BuyBack % 2.53% of Paid up - Limit Max 25%
    Usage of Fund From Free Reserves
    Create : Capital Redemption Reserve 55 crores
    Post Buyback Action: Transfer
    Requirement
    Post Buyback Action: DER 2:01 Objective : To protect the Lenders

    ByuBack : Impact
    EPS: PAT/ Outstanding Shares
    Promototors holding - May be the % will increase
    1.4.2020- 5year - ESOPs 10000@100 20-21,21-22,22-23,23-24,24-25,
    2025-26
    100

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